Almost half of the online gambling market in Poland was occupied by offshore companies

In the structure of the gambling industry in Poland, the share of offshore online gambling companies that do not have national licenses in 2020 amounted to 46.7%. Due to illegal bookmakers, the country lost half a billion zlotys in taxes. This is stated in a report commissioned by the bookmakers of the Graj Legalnie association. It is noted that last year the turnover of licensed online bookmakers in Poland amounted to PLN 14.4 billion. The turnover of illegal operators who accepted bets from residents of the country is 12.6 billion. Experts have calculated that the majority of “third-party” bookmakers have received licenses in Malta and Curacao. The activities of such offshore bookmakers led to the fact that last year Poland lost 594 million zlotys – in the form of lost taxes, the report says. This amount is 25 percent of all deductions from the gambling industry in the country. It is specified that the results of the analytical report do not correlate with the official data of the Ministry of Finance of Poland. According to the agency, in 2020, the turnover of the “gray market” of online gambling amounted to 40.3 percent of the total volume. As My Lucky Story previously reported, live games provider TVBET has entered the Polish online gambling market by signing an agreement with the local betting company Fuksiarz. Recently, another operator and developer of online games Greentube signed an agreement with the betting brand Total Casino thereby ensuring its presence in Poland. Let us add that the Polish parliament has amended the laws on the regulation of gambling. The changes will make it easier for licensed members and harder for illegal ones.